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Novanta NOVT US — Tax Credit Carryforward Amount

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Other financials

Income statement

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Revenue$257.7M+10.4%
Gross profit$113.6M+8.8%
Operating income$27.5M-15.1%
Net income$21.1M-0.5%
EPS (diluted)$0.51-13.6%

Balance sheet

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Cash & equivalents$388.8M+267%
Total debt$291.3M-34.2%
Total equity$1.3B+70.3%
Total assets$1.8B+29.9%

Cash flow

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Operating cash flow$51.6M+62.9%
CapEx$4.1M-3.4%
Free cash flow$47.5M+73.2%

Valuation

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Market cap$5.53B-8.3%

Profitability

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Gross margin44.2%-0.5pp
Operating margin8.9%-3.5pp
Net margin5.3%-2.1pp
FCF margin6.8%-8.1pp

Returns & leverage

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Return on equity5.2%-4.6pp
Debt / equity0.2×-0.4×
Current ratio3.6×+1.0×

Where this comes from

Reported directly by Novanta in its filing.

Tagged under the XBRL concept us-gaap:TaxCreditCarryforwardAmount.

The official record: Novanta’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novanta's US — tax credit carryforward amount?
Novanta (NOVT) reported US — tax credit carryforward amount of $1.5M in Q4 2025.
What does US — tax credit carryforward amount mean?
This metric quantifies the accumulated tax credits in the US segment that can be applied to reduce future income tax liabilities. Unlike operating losses, these credits often provide a dollar-for-dollar reduction in tax payable, enhancing future cash flows. It is a critical component of the company's overall domestic tax strategy and capital efficiency.